TAMAN DESA MOLEK in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 164.
This area contains both residential and commercial properties. View 32 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 190K to RM 271K, and a typical market range of RM 208K to RM 253K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 164, with core pricing between RM 133 and RM 195. Market pricing typically extends from RM 144.00 to RM 184.00, reflecting moderate variation in unit pricing. The spread of RM 40.00 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
